Showing 1 - 10 of 27
In order to value non-market goods, economists estimate individuals’ willingness to pay (WTP) for these goods using revealed or stated preference methods. We compare these conventional approaches with subjective well-being (SWB), which is based on individuals’ ratings of their happiness or...
Persistent link: https://www.econbiz.de/10010884533
This paper investigates the effects of local smoking bans on different outcomes using county and time variation over the last 20 years in the US. First, I find no evidence that local smoking bans in bars, restaurants and workplaces decrease the prevalence of smoking. The estimates are very small...
Persistent link: https://www.econbiz.de/10010746626
. The main argument in favor of subsidizing owner-occupied housing is that it creates positive externalities that offset … these adverse effects. This paper tests whether homeowners create positive externalities to their immediate neighbourhood … instrumental variables we find no evidence of positive externalities from neighbourhood homeownership rate. This result is robust …
Persistent link: https://www.econbiz.de/10011125920
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10011071089
The composer has historically been at the top of the tree in the music industry; most royalties due to artists flow back to composers/songwriters rather than performers. Over the last few decades, the enactment of stronger performers’ rights has sought to redress this historical imbalance by...
Persistent link: https://www.econbiz.de/10010746437
The dominant explanatory/justificatory framework informing scholarly commentary on copyright law, policy and theory today – certainly in the US – is law and economics. From this perspective, copyright law exists to underpin markets in certain categories of ‘information good’ (copyright...
Persistent link: https://www.econbiz.de/10011071092
Tournaments are designed to enhance participants’ effort and productivity. However, ranking near the top may increase psychological pressure and reduce performance. We empirically study the impact of interim rank on performance using data from international diving tournaments. We find that...
Persistent link: https://www.econbiz.de/10011266093
We investigate the salary returns to the ability to play football with both feet. The majority of footballers are predominantly right footed. Using two data sets, a cross-section of footballers in the five main European leagues and a panel of players in the German Bundesliga, we find robust...
Persistent link: https://www.econbiz.de/10010745445
specialized medical services is expected. As this paper argues, this situation can have an important impact on medical tourism. We … diseases, for medical tourism can be influenced by accessibility, by some particularities of the location, but also by the …
Persistent link: https://www.econbiz.de/10011126421
We analyze the impact of interim ranking on the risk taking and performance behaviour of professional athletes participating in international weightlifting competitions. Weightlifting competitions are multistage tournaments with the unique characteristic that the athletes must announce in...
Persistent link: https://www.econbiz.de/10011071349